Common use of Rights and Duties of the Collateral Agent Clause in Contracts

Rights and Duties of the Collateral Agent. (1) The Collateral Agent may perform any of its rights and duties hereunder by or through agents (including, without limitation, any receiver or receiver and manager (each herein referred to as the “Receiver”)) and is entitled to retain counsel and to act in reliance upon the advice of such counsel concerning all matters pertaining to its rights and duties hereunder.

Appears in 2 contracts

Samples: Canadian General Security Agreement (Li-Cycle Holdings Corp.), Canadian General Security Agreement (Li-Cycle Holdings Corp.)

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Rights and Duties of the Collateral Agent. (1) The Collateral Agent may perform any of its rights and duties hereunder by or through agents (including, without limitation, any receiver or receiver and manager (each herein referred to as the “Receiver”)manager) and is entitled to retain counsel and to act in reliance upon the advice of such counsel concerning all matters pertaining to its rights and duties hereunder.

Appears in 2 contracts

Samples: Canadian Pledge Agreement (Li-Cycle Holdings Corp.), Canadian Pledge Agreement (Li-Cycle Holdings Corp.)

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